Growth Fund Nominees Announced

Social Innovation Fund Ireland is delighted to announce that the following three organisations are now approved to search for funding that will enable them to grow as an organisation and reach their strategic goals. If they reach their fundraising target Social Innovation Fund Ireland will then draw down a 100% match to this amount, provide a cash uplift on the capital secured, non-financial supports budget and assign a dedicated team to support the organisation to achieve targets for scale. These organisations are as follows: 

GIY

Social Enterprise Development Fund and Resilient Communities Fund Awardee GIY address the challenge of diet-related illness arising from a lack of understanding and connection to healthy food. GIY is a food activist social enterprise with a mission to create a healthier,
happier and more sustainable world by inspiring and supporting people to grow food. They are passionate believers in the power of food growing experiences to put people on a path to a healthier, happier and more sustainable lifestyle. In 2019 they will inspire
and support 500,000 people to grow their own food for the first time in Ireland and the UK.

Through the Growth Fund, GIY aim to support 3.3 million people to grow their own food at home, school, work and in their communities by 2023. Also, they aim to significantly increase their scale and impact and bring about transformative change in Irish society.

For more information visit www.giy.ie

If you would like more information on their exciting plans for scale contact our Business Development Team.

Ó Cualann Cohousing Alliance

Social Enterprise Development Awardee Ó Cualann Cohousing Alliance, builds quality homes and offers them to those who could not afford to buy their own home on the open market. Their goal is to develop and support fully-integrated communities, to deliver well designed, top-quality, energy-efficient homes at an affordable price, and to ensure its co-operative model for affordable housing can be replicated and scaled across the country.

The Irish Government want 20,000 affordable houses built by 2025. Through the Growth Fund, O’Cualann aim to build 5,000 of these homes and use their model to inspire others to follow suit.

For more information on their fantastic work please visit www.ocualann.ie

If you would like more information on their exciting plans for scale contact our Business Development Team.

IRISH MEN’S SHEDS ASSOCIATION

The Irish Men’s Sheds Association (IMSA) supports the development, sustainability and growth of men’s sheds in Ireland. Men’s sheds are community spaces which allow men to come together, work on community projects, share skills and forge new friendships. Since its formation in 2011, the Irish Men’s Sheds Association has overseen a period of profound growth. Under the stewardship of the IMSA, the number of recognised of sheds in Ireland has mushroomed from zero in 2011, to well over 450 today.

With the support of Social Innovation Fund Ireland, the number of men’s sheds in Ireland is expected to reach 600 by the end of 2021. Ireland already enjoys the greatest concentration of men’s sheds in the world, and SIFI’s support means 600 communities, and tens of thousands of men, will have access to innovative, life-changing social opportunities right on their doorsteps.

For information visit http://menssheds.ie/

If you would like more information on their exciting plans for scale contact our Business Development Team.

Growth Fund Awardee

FOODCLOUD

FoodCloud is the first organisation to receive investment from the new Social Innovation Fund Ireland Growth Fund. FoodCloud aims to double its impact over the next three years after securing significant investment from AIB, with part-matched funding from the Growth Fund. The Growth Fund is supported by the Department of Rural and Community Development from the Dormant Accounts Fund.

Over the next three years, AIB has committed to investing €500,000 per annum in FoodCloud. This will be further supported by financial and non-financial supports the value of €330,000 per annum for 3 years through our Growth Fund. The funding will be used to invest in the further development of FoodCloud’s bespoke technology platform, the expansion of FoodCloud Hubs and the development of new services to support the redistribution of surplus food. After a period of very fast growth over the last 5 years, this funding will allow FoodCloud to invest in future-proofing of their bespoke retailer technology in Ireland, building a resilient tech solution that can support the projected growth in 2018-2020. The funding will also support the expansion of FoodCloud Hubs to deliver an improved service to both charity and Food Industry partners.

For more information visit: https://food.cloud/